Ethereum’s volatility is approaching a historic low
Ether volatility – getting close to all time lows. Moved 1.73% on average the last 10 days. pic.twitter.com/uSdpwBAkRf— skew (@skewdotcom) November 14, 2019
It is believed that the decrease in volatility is indicative of the uncertainty of market participants. After the price shrinks, traders usually expect a strong movement.
In July, analysts of San Francisco Open Exchange (SFOX) said that the increased correlation between Bitcoin and Ethereum will allow excluding the second in terms of capitalization of the cryptocurrency from the category of alto-currencies.